December 22, 2023

Paxos gets NY green light to join Solana blockchain: Report

The New York Department of Financial Services (DFS) has approved Paxos’ expansion to the Solana blockchain.   Paxos, a stablecoin issuer, has recently gained approval from […]
December 22, 2023

Hong Kong’s financial regulator opens door for spot crypto ETFs

Hong Kong’s Securities and Futures Commission said cryptocurrency transactions conducted by ETFs must occur through SFC-licensed crypto platforms or authorized financial institutions.   Hong Kong is […]
December 22, 2023

Crypto users to reach almost one billion in 2024, analysts predict

Bitfinex analysts said the number of users could jump to between 850 and 950 million in 2024 if bullish market conditions continue.   As we approach […]
December 22, 2023

Crypto job compensation shifts as equity gains preference – Survey

According to the survey by Variant and Union Square Ventures, since 2013, less than 40% of surveyed employees have received equity, while about 50% have received […]
December 22, 2023

Community responds to Gary Gensler’s latest jab toward crypto

Ripple CEO Brad Garlinghouse called SEC chair Gary Gensler a “political liability” whose actions destroyed the agency’s integrity.   Members of the cryptocurrency community swiftly countered […]
December 22, 2023

Chinese central bank urges the world to jointly regulate crypto

The People’s Bank of China has addressed issues related to the regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report.   The […]
December 22, 2023

China proposes ban on converting game tokens to fiat currency

The General Administration of Press and Publication of China aims to restrict the scope of activities related to in-game tokens.   The General Administration of Press […]
December 21, 2023

Worldcoin halts iris scanning in India, Brazil, France: Report

Amid its ongoing streak of expansions and collaborations, Worldcoin has reportedly rolled back one of its core functions in three markets.   Worldcoin, a project known […]
December 21, 2023

Large AI training data set removed after study finds child abuse material

LAION-5B, a large artificial intelligence data set used to train several popular text-to-image generators, was found to contain child sexual abuse material.   The LAION-5B dataset, […]
December 21, 2023

UAE regulator revises sanctions, AML policy to enact FATF’s Travel Rule

UAE’s Financial Services Regulatory Authority has updated its AML and sanctions rules with new elements related to digital assets.   The Financial Services Regulatory Authority (FSRA) […]

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